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The appropriate TTM EV/EBITDA multiple for estimating the value of DyeCorp is 8. DyeCorp has $240 of debt, $200 of excess cash, and a wacc

The appropriate TTM EV/EBITDA multiple for estimating the value of DyeCorp is 8. DyeCorp has $240 of debt, $200 of excess cash, and a wacc of 8.78%. EBITDA over the previous 12 months was $140, which is expected to grow by 10% over the next 12 months. If DyeCorp has 20 shares outstanding, what is your estimate of price per share?

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